Member Info for panman

Geothermal looks to have a decent chance of being very successful in Croatia. Worth reading up on the countries attitude to this tech as they intend to use it to supply europe with green energy.

Much more interesting than I initially thought anyway.

Watch the derampers on here will try to use the charts to rob some extra shares from newbees and buy back themselves in the rise.

After the rise they will say things like:

1. We knew the rise was coming

2. Last hurdle cleared

3. Little impact on lt

Blablabla while enjoying trading profits at expense of others.

Best you can do imho is join them in the trades. Dyor

Well that was 6.75 again. back to 9p as we wait on newsflow?

Judging by BEN's experience in the US it depends on cost of production and transportation.

Hard to believe that open pit mining in Bangladesh will be anywhere near the expense of BEN's ops though so I'd go with a (non expert) yes vote.

I can be so thick at times lol

I'd discounted ep155 as I didn't believe it would happen anytime soon. Forgot that was Georgina and guess no I shouldn't have totally discounted it even with msmn only keeping 10% still more than noteworthy if /when they get the rto away.

The EP 155 Mt Winter Project, in the Northern Amadeus Basin, Northern Territory of Australia is considered by independent consultants to be one of the potentially most valuable Hydrogen, Helium and natural gas prospects in Australia.

The property is held by AIM listed Mosman Oil Gas Plc and Westmarket Oil Gas, a wholly owned subsidiary of Georgina Energy Plc, via a formal Farm-in agreement has rights to earn up to a 90% working interest with Operatorship.

The Mt Winter-1 well was drilled to a depth of 2,650m TD. It did not penetrate the subsalt Heavitree Formation Hydrogen, Helium & natural gas reservoir target but reached TD in salt just above it.

With seismically defined closure based on CPR 2U calculations of 3,400 acres, nett attributable Prospective (recoverable) Resource volumes to the Company of Helium are 111 BCFG, Hydrogen 102 BCFG and natural gas 0.91 TCFG with respective in-situ values of US $38.51 billion, US $0.62 billion and US $2.72 billion.

https://www.georginaenergy.com/projects/mt-winter/

Apologies I read it and had no reason to think otherwise.

Strange I've been through all of GRV's newsflow last few yrs and no mention of this anywhere. Can't even find it in their presentations.

Mining, Minerals & Metals plc seem to have little news on it either?

Would like to know more but nothing on mmm's site either?

https://www.mmmplc.com/mmmplc-news-and-documents

Will go read your posts on mmm board

Re your link soulac..

Belows from advfn poster checks out. No worries for MSMN at all just means grv are more focussed...

"yes they're buying GRV's iron ore, copper and gold project. Believe they have 80% of the holding co. for the resource already just want the extra 20%.

Not sure what the placings for though as they only owe $250K more and are paying GRV in shares?

(according to GRV's 29th Jan report).

Think I'd rather GRV focus on being "a company that holds natural gas, helium, and hydrogen assets in Australia." much more what the market is presently chasing imo."

Ah got you post below. Well obviously that the farm in is still on which is major for future valuation of the co. and that seismics still planned to be finished Aug.

No sign the two co's are slowing up whilst awaiting ministerial go ahead.

Thats a funny question Rad? I've posted that the farm in is still on which is obviously good news but not aware of having posted anything about "good news"?

Mosman helped there imo crewy31. Gave him chance to post nonsense then RNS'd the good news.

" To avoid any concerns that there was a date when either party could terminate the Farm-in, the parties have agreed to extend that date to 30 April 2024."

and from Greenvales RNS..

• Seismic program on track to be completed by August 2024.

"to help focus on Helium assets all USA are now for sale"

Hope so. The marketcap here is so tiny they only need the helium play for substantial sp rises when the markets ready to believe. The US plays just get in the way of positive sentiment imo.

Liked it too with the caveat that the placing when it comes isn't at too great a discount.

UPDATE ON GREENVALE’S FARM-IN AGREEMENT TO EARN

75% OF EP145 IN THE AMADEUS BASIN

Ministerial approval expected shortly with preparations advancing for seismic program

Key Points:

• Completion date for the EP145 farm-in agreement with Mosman Oil & Gas

extended to April 30, 2024.

• Transfer fee paid and Ministerial approval expected in the coming weeks.

• EP145 encompasses a potentially ultra-high-grade helium, hydrogen and

hydrocarbon opportunity in the Amadeus Basin.

• Preparations underway for the EP145 seismic program, with approvals

progressing well.

• Seismic program on track to be completed by August 2024.

• This will pave the way for drilling in 2025.

Further to its announcement of 24 January 2024 “Update on Farm-In Agreement to Earn

75% of EP145” (ASX Release), Greenvale Energy Limited (ASX: GRV, “Greenvale” or “the

Company”) is pleased to provide a progress update on its Farm-in Agreement with

Mosman Oil and Gas Ltd (AIM: MSMN, Mosman) to acquire a potentially ultra-high-grade

helium, hydrogen and hydrocarbon opportunity in the Amadeus Basin in the NT.

As set out in the ASX Release, the Farm-in Agreement was conditional upon Ministerial

consent being received for the change in ownership and the transfer of the operating

agreements rights to the Company’s wholly-owned subsidiary, Greenvale Gas Pty Ltd

(Greenvale Gas). The end date for this condition to be met was extended to 31 March 2024.

As Ministerial Consent has yet to be granted, Greenvale has agreed with Mosman to vary

the terms of the Farm-in Agreement so that end date is extended from 31 March 2024 to

30 April 2024. Should approval occur sooner, the parties will complete at an earlier date.

GREENVALE ENER G Y LIMITED 2

As part of the transfer process, the invoice for the dealing and transfer fee for EP145 has

been paid. While Northern Territory Ministerial approval has not yet been received, it is

expected in the coming weeks.

Greenvale will continue to work with Mosman on the Year 3 Work Program, which is

scheduled to be completed by August 2024.

Update on the EP145 Seismic Program

Resource Geosolutions has purchased the long-lead items in preparation for the EP145

Wild Horse 2D Survey in the Amadeus Basin, NT. This represents 50% of the specialty

detonators and boosters required, keeping the seismic program on track to be acquired

prior to the end of the permit year.

The Wild Horse 2D Seismic EMP approval is progressing well, with several progress

meetings already having taken place. Currently, Greenvale anticipates that the EMP

assessment process by The Department of Environment, Parks and Water Security

(DEPWS) will be completed in Q2 this year with the seismic acquisition on track to be

completed by August 2024.

Management Comment

Greenvale’s CEO, Mark Turner, commented: “We are pleased to have reached agreement

with Mosman Oil & Gas to extend the completion date for the Farm-in Agreement to the end

o

Seismic still expected to be completed by August..

Should you be on the CPX thread DB? ZEN is oil/gas they don't have I.P. issues so far as I'm aware?

Not that much patience needed imo. Payday and special dividend quicker than for AST and boom time ahead of GCM.

re the above mean the $85M presuming they win. Just waiting for peeps to cotton on (and to believe ZEN can win).

The advfn poster was pretty miffed this morning penguin and had been buying recently so think if it was their error it was an error at least not a scam.

re the watercut noticed they stated in today's RNS that at its peaks of 400 barrels of oil per day with increasing levels of gas total fluid being produced was of the order of 600-700 barrels per day so the same 40%-50% quoted in the Oct releases.

Hoping myself they can't fund the UK works would like to see them keep as far away from the UK as possible with their anti oil/gas demonstrators appearing all over the place.

Can't find anything really positive to say except they're now down to the value of their listing (apparently) so they'll have to work really hard to lose value from here.

7% is a very good interest rate on their loan imo. I'm used to reading 15% for director/shareholder loans.

Hopefully reflecting confidence in the co.

I think we're at the true bottom now. I only picked a few up but they came with crusty bits so good sign.